Country: East Asia Page 7 / 241
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- June 1 2026
Allianz Commercial continues Japan build out, taps Masahide Naito to lead property
He joins from AIG Japan, where he was most recently head of commercial property.
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- June 1 2026
Exclusive: Victor Kuk draws up blueprint for a ‘truly global’ Peak Re
It will not be ‘more of the same’, the new CEO of the Hong Kong-based reinsurer says as he lays out his vision to scale the firm into a top-tier global contender in his first exclusive interview since taking the helm.
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- June 1 2026
Exclusive: Peak Re ready for next phase of growth, embrace new era: Franz-Josef Hahn
In an exclusive interview, founding CEO says the Hong Kong-based reinsurer has reached 'the appropriate moment for a succession', urging his successor to maintain the founding principle of 'courage to deliver' through all market cycles.
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- May 31 2026
Tiptree, Warburg Pincus complete US$1.65bn Fortegra sale to DB Insurance
The all-cash deal marks DB's entry into the US and Europe's non-life insurance markets.
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- May 29 2026
Starr names Jane Tung as head of casualty in Hong Kong
She has over 20 years of experience in the insurance industry, having worked at Swiss Re CorSo most recently as senior distribution manager.
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- May 28 2026
QBE names Johnny Suen as Hong Kong property head
He will lead QBE's property underwriting in Hong Kong, with oversight of property risks across Macau, Taiwan and mainland China (wholesale).
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- May 28 2026
Hyundai Marine & Fire Insurance to expand into Europe, Southeast Asia: report
South Korean insurers have been actively pursuing overseas expansion in various regions as domestic growth stalls.
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- May 27 2026
South Korean financial regulator approves Lotte’s management improvement plan: reports
Korean insurer must implement its plan for 18 months, with the Financial Services Commission and Financial Supervisory Service monitoring the progress.
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- May 26 2026
South Korea’s FTC raids 8 non-life insurers over suspected bid-rigging: report
- Industry associations
- South Korea
- DB Insurance
- Hanwha General Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
Fair Trade Commission conducted on-site investigations into suspected collusion in bids for corporate group accident insurance policies.
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- May 25 2026
China floods trigger US$110m in losses as claims top 33,000
Insurers have paid out US$31m in claims following heavy rains across southern and central China, according to the National Financial Regulatory Administration.
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- May 24 2026
South Korea’s DB Insurance set to complete Fortegra acquisition
Insurer will acquire 100% of the outstanding shares of the US specialty carrier for US$1.65bn in an all-cash deal.
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- May 22 2026
Gallagher Re confirms Carlos Grijalva as APAC head of cyber
Hong Kong‑based Grijalva’s move to join the reinsurance broker was first reported by InsuranceAsia News last month.
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- May 22 2026
South Korea to offer US$200m war-risk cover for small shippers in Strait of Hormuz
Financial Services Commission will also explore the creation of a reinsurance program to extend coverage to larger vessels with significant economic impact.
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- May 21 2026
Tokio Marine outlines capacity for over US$10bn in M&A following Berkshire deal
Beyond US deals, insurer sees Canada, Australia and Southeast Asia as priority markets for growth, according to Tokio Marine managing executive officer and co-head of international.
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- May 21 2026
Howden creates new practice for Korean clients in US
UK broker names New York-based Brian Cho as head of the newly formed unit.
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- May 20 2026
Tokio Marine adjusted profit rises 17% to US$4.4bn on underwriting strength, lower nat cat losses
Lower capital gains from sale of equities, negative forex impact and Greensill reserving action weigh on earnings.
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- May 20 2026
Reduced nat cat losses, higher premiums propel MS&AD’s FY25 net income to US$5bn
Group's non-life business reported net premiums written of US$31.4bn for the fiscal year ended March 31, growing 7.1% year on year.
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- May 20 2026
Sompo posts record US$4bn profit, up 163% on lower nat cat losses, strong underwriting gains
Group’s insurance service result rose 93.5% to US$3.7bn, while consolidated net profit increased 71% to US$3.1bn
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- May 20 2026
Aon appoints Tokio Marine veteran Max Hirai as Japan CEO
He was most recently Asia CEO for Tokio Marine Holdings in Singapore.
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- May 18 2026
Sompo hires Megan Yeung as senior casualty underwriter for Hong Kong, Macau, Taiwan
Most recently a casualty underwriter at Axa XL, Hong Kong-based Yeung is specialised in product and general liability.
